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Earnings documents stored for AZ.
Investor releaseQuarter not tagged2026-08-13A2Z Cust2Mate Solutions Corp (AZ) (Q2 2026) Earnings Call Highlights: Smart Cart Deliveries ...
GuruFocus.com
A2Z Cust2Mate Solutions Corp (AZ) (Q2 2026) Earnings Call Highlights: Smart Cart Deliveries ...
This article first appeared on GuruFocus. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Sequential revenue growth of 78% in Q2 2026, with smart cart deliveries nearly doubling to 950 units. Gross margin improved significantly to 42.6% from 4.2% in Q1, driven by higher volumes and the new China manufacturing facility. Expanded partnership with SuperSapir, increasing their total commitment to 7,000 smart carts, and added new customer HaStok. Secured a $30 million credit line with Bank Leumi, providing additional funding for growth and inventory. Expect to deliver 10,000 smart carts by end of 2026 and at least 19,000 by end of 2027, with strong backlog and order momentum. Operating loss remained high at $7.6 million in Q2, though slightly improved from $8 million in Q1. Net loss per share was $0.16, indicating continued unprofitability. Revenue recognition per cart is relatively low at $4,000-$4,500 in the first year, with future subscription and retail media revenue uncertain. Seasonal slowdown in September due to Israeli holidays may impact Q3 delivery cadence. Dependence on a few key customers in Israel, with international expansion still in early stages. Warning! GuruFocus has detected 6 Warning Signs with AZ. Is AZ fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide more granularity on the revenue cadence for Q3 versus Q4, especially considering the September calendar, and how should we think about the retail media component of the $25 million revenue expected in the back half of the year? A: (Gadi Graus, CEO) The cadence will be weighted in the fourth quarter due to the high holiday season in Israel, which is the most important part of the year for supermarket chains. We are confident we will hit our year-end target. Retail media revenues will pick up as our installed base grows, but the majority of the $25 million will come from smart cart sales. Retail media could be in addition to that figure. Q: What drove the acceleration in the business, and can you provide more color on the Next Gen platform and the Gen 4 cart? A: (Gadi Graus, CEO) Everything is falling into place. Our new platform combines efficient and aesthetically pleasing hardware, including super-efficient charging walls, ergonomic features, unique proprietary fraud detection modu…Read full documentShow less
This article first appeared on GuruFocus. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Sequential revenue growth of 78% in Q2 2026, with smart cart deliveries nearly doubling to 950 units. Gross margin improved significantly to 42.6% from 4.2% in Q1, driven by higher volumes and the new China manufacturing facility. Expanded partnership with SuperSapir, increasing their total commitment to 7,000 smart carts, and added new customer HaStok. Secured a $30 million credit line with Bank Leumi, providing additional funding for growth and inventory. Expect to deliver 10,000 smart carts by end of 2026 and at least 19,000 by end of 2027, with strong backlog and order momentum. Operating loss remained high at $7.6 million in Q2, though slightly improved from $8 million in Q1. Net loss per share was $0.16, indicating continued unprofitability. Revenue recognition per cart is relatively low at $4,000-$4,500 in the first year, with future subscription and retail media revenue uncertain. Seasonal slowdown in September due to Israeli holidays may impact Q3 delivery cadence. Dependence on a few key customers in Israel, with international expansion still in early stages. Warning! GuruFocus has detected 6 Warning Signs with AZ. Is AZ fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide more granularity on the revenue cadence for Q3 versus Q4, especially considering the September calendar, and how should we think about the retail media component of the $25 million revenue expected in the back half of the year? A: (Gadi Graus, CEO) The cadence will be weighted in the fourth quarter due to the high holiday season in Israel, which is the most important part of the year for supermarket chains. We are confident we will hit our year-end target. Retail media revenues will pick up as our installed base grows, but the majority of the $25 million will come from smart cart sales. Retail media could be in addition to that figure. Q: What drove the acceleration in the business, and can you provide more color on the Next Gen platform and the Gen 4 cart? A: (Gadi Graus, CEO) Everything is falling into place. Our new platform combines efficient and aesthetically pleasing hardware, including super-efficient charging walls, ergonomic features, unique proprietary fraud detection modules, and a sleek improved interface for shoppers. Our Chinese manufacturing facility allows us to manufacture at scale and reduce unit costs. Clients are now able to accept delivery of more carts, which fed into this excellent quarter and will lead to an excellent second half. Q: How does the revenue cadence compare with deliveries in the back half, and how would retail media performance compare to Smart Cart revenue as a whole? A: (Gadi Levine, CFO) For every cart delivered in the first year, we recognize between $4,000 and $4,500 per cart. In subsequent years, retail media and subscriptions can add as much as $1,200 to $1,500 over the following five years. With a target of 10,000 carts delivered by end of 2026, we have around 6,500 to 6,600 carts for the second half. Multiplying that by $4,500 gives us north of $25 million, so we are confident in meeting that number. Q: Can you speak to the overall growth pipeline and outlook for incremental contracting from new customers, particularly in North America? A: (Gadi Graus, CEO) We are in advanced negotiations with clients abroad and expect increased purchases from existing clients in Israel, like SuperSapir's increase from 3,000 to 7,000 units. We expect to have at least two clients outside of Israel within the next six months, including in the Americas and Europe. We are continuing discussions in the U.S. and hope they will come on board soon. Q: Where do you think you are funded from a capital perspective, and is there any need for capital as you scale operations? When do you think the platform will inflect to free cash flow positive? A: (Gadi Levine, CFO) We have $43 million in treasury and a $30 million credit line from Bank Leumi, of which we've only used $2.2 million. We've built up inventory over the last six months, so many deliveries for the second half are already paid for. The corporate realignment will significantly reduce costs. We have a healthy balance sheet and a pretty decent runway. (Gadi Graus, CEO) The credit facility is not a one-off; as we grow, we can increase facilities or get new ones from other banks. We have no need to raise capital. The inflection point for cash positivity will come sooner as retail media kicks in. Q: What's driving the additional 4,000 Smart Cart order from SuperSapir, and could this be a good proxy for the evolution of other relationships? A: (Gadi Graus, CEO) It's a combination of them seeing our actual solution in stores and the value it brings, along with their extensive expansion. We are going live with them later this month. Other clients like Yochananov are also expanding their stores. We 100% expect clients who have seen our carts in action will expand their purchases to cover all their store requirements. Q: Can you provide more color on the cost savings from the organizational realignment and how it will impact the business? A: (Gadi Levine, CFO) The realignment is designed to accelerate commercial growth as we leverage our next-generation platform. We are reducing our use of external consultants and subcontractors by internalizing functions, and net headcount is expected to decrease 10%. We expect the realignment to generate savings of approximately $7 million annually once fully completed in the fourth quarter, while preserving delivery capabilities and core technical and customer support functions. Q: Can you elaborate on the new $30 million credit line with Bank Leumi and how it will be used? A: (Gadi Levine, CFO) The Bank Leumi credit line is an important tool to provide financing as we scale the business. It will be used to fund inventory and underscores our progress and success as we build on cart deliveries. (Gadi Graus, CEO) We view this as an important validation of our business model and early execution. The model of having regular bank finance to finance manufacturing and deliveries is perfectly scalable and transferable globally. Q: What were the key financial highlights for the second quarter of 2026? A: (Gadi Levine, CFO) Second quarter revenues were $5.9 million, significantly above the $3.3 million in Q1 2026. Smart Cart revenues rose to $4.4 million from $2.5 million as we nearly doubled shipments from 500 to 950 units. Gross profit was $2.5 million, reflecting a gross margin of 42.6% compared to 4.2% in Q1. Operating loss was $7.6 million, and net loss was $7.3 million or $0.16 per share. Q: Can you provide an update on the share repurchase program and the company's capital allocation strategy? A: (Gadi Levine, CFO) We continue to act on our $20 million share repurchase program. As of June 30, 2026, we repurchased 919,000 shares for a total of $5.8 million. In July, we repurchased a further 147,000 shares, bringing the total to approximately 1.07 million shares, which we have now canceled. We continue to opportunistically buy back shares as part of our disciplined capital allocation strategy. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Investor releaseQuarter not tagged2026-08-12A2Z Reports Second Quarter 2026 Revenue of $5.9 Million
CNW Group
A2Z Reports Second Quarter 2026 Revenue of $5.9 Million
Delivery of Carts Nearly Doubled Sequentially Commenced Deliveries to New Supermarket Customer During the Second Quarter Successful Execution Underscores Confidence in 2026 Year-End Target of 10,000 Carts; 3,350 Total Units Delivered to Customers as of June 30, 2026 Projected H2 2026 Smart Cart Revenues of $25 Million, Weighted to the Fourth Quarter Dedicated Manufacturing Facility Brought Online in Q2 Significantly Increases Delivery Capacity Financing Facility Initiated with Bank Leumi for a $30 Million Credit Line Cost Management Initiatives to be Completed in the Third Quarter will Reduce Operating Expenses by Approximately $7 Million Annually Management to Host Conference Call at 5 PM ET Today Second Quarter 2026 Highlights(All comparisons made are against the prior-year period unless otherwise noted) Delivered 950 units in the second quarter, up from 500 in the first quarter. Total revenue increased to $5.9 million from $1.2 million; Smart Cart revenue of $4.41 million increased 80% sequentially, from $2.45 million. Gross profit increased to $2.5 million, up from $0.3 million. Gross margin was 42.6%, compared to 23.3%. Net loss was $7.3 million, compared to a loss of $12.6 million. TORONTO, Aug. 12, 2026 /CNW/ -- A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, announced earlier today its financial results for the second quarter ended June 30, 2026. Management Commentary "Second quarter results demonstrated strong execution from both an operational and financial perspective," noted Gadi Graus, Chief Executive Officer of A2Z Cust2Mate. "We nearly doubled unit deliveries from first quarter levels, including to an important new customer. We also introduced our next-generation Connected In-Store Commerce Platform, representing a significant evolution of our technology architecture and positioning the Company to support enterprise-scale deployments, retail media and in-store intelligence. In addition, we closed a $30 million line of credit with Bank Leumi, which provides funding to support the company's growth. "The new customer, HaStock, a leading home goods retail chain in Israel with over 50 stores nationwide, took delivery of roughly half of the 2,000 units they contracted, and we are pleased to add this well-known retailer to our client roster. In addition, we recently announced an increas…Read full documentShow less
Delivery of Carts Nearly Doubled Sequentially Commenced Deliveries to New Supermarket Customer During the Second Quarter Successful Execution Underscores Confidence in 2026 Year-End Target of 10,000 Carts; 3,350 Total Units Delivered to Customers as of June 30, 2026 Projected H2 2026 Smart Cart Revenues of $25 Million, Weighted to the Fourth Quarter Dedicated Manufacturing Facility Brought Online in Q2 Significantly Increases Delivery Capacity Financing Facility Initiated with Bank Leumi for a $30 Million Credit Line Cost Management Initiatives to be Completed in the Third Quarter will Reduce Operating Expenses by Approximately $7 Million Annually Management to Host Conference Call at 5 PM ET Today Second Quarter 2026 Highlights(All comparisons made are against the prior-year period unless otherwise noted) Delivered 950 units in the second quarter, up from 500 in the first quarter. Total revenue increased to $5.9 million from $1.2 million; Smart Cart revenue of $4.41 million increased 80% sequentially, from $2.45 million. Gross profit increased to $2.5 million, up from $0.3 million. Gross margin was 42.6%, compared to 23.3%. Net loss was $7.3 million, compared to a loss of $12.6 million. TORONTO, Aug. 12, 2026 /CNW/ -- A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, announced earlier today its financial results for the second quarter ended June 30, 2026. Management Commentary "Second quarter results demonstrated strong execution from both an operational and financial perspective," noted Gadi Graus, Chief Executive Officer of A2Z Cust2Mate. "We nearly doubled unit deliveries from first quarter levels, including to an important new customer. We also introduced our next-generation Connected In-Store Commerce Platform, representing a significant evolution of our technology architecture and positioning the Company to support enterprise-scale deployments, retail media and in-store intelligence. In addition, we closed a $30 million line of credit with Bank Leumi, which provides funding to support the company's growth. "The new customer, HaStock, a leading home goods retail chain in Israel with over 50 stores nationwide, took delivery of roughly half of the 2,000 units they contracted, and we are pleased to add this well-known retailer to our client roster. In addition, we recently announced an increased order from Super Sapir, a large food retailer in Israel with over 70 stores, for 4,000 additional units. "In the second half of the year, we expect to accelerate shipments to several customers as a result of our dedicated Chinese mass manufacturing facility, which went online in the second quarter. In addition, there are several sales and marketing initiatives in process that provide considerable opportunities for expansion to Europe and the Americas. As we increase deliveries, we are gaining the capability to capitalize on retail media, which we expect to be a long-term growth and profit driver for the Company. "During the quarter, we unveiled our next-generation Connected In-Store Commerce Platform, marking a significant evolution from a product-centric offering to a unified enterprise platform for modern retail. The platform connects shopper engagement, store operations, retail media and in-store intelligence through a scalable architecture designed for efficient manufacturing, large-scale deployment and chain-wide operations. The platform is designed to support retailers' digital transformation while creating new recurring revenue opportunities. "We also are pleased to welcome Gadi Levin, our newly announced CFO, to the executive team. Gadi has decades of financial management experience and will be a huge asset as we scale the business. With his support, we are executing a corporate realignment, which is expected to reduce operating expenses by approximately $7 million on an annual basis when completed. The initiative is designed to enhance our commercial expansion opportunities and sales efforts, while preserving our delivery capabilities. "The $30 million credit line we closed with Bank Leumi will help fund inventory as we continue to scale our business and will support our future growth. It is also recognition of the substantial progress we are making in cart deliveries. "Looking ahead, the Company continues to work overseas with potential new clients, and we expect to see our smart carts in at least two retailers outside of Israel in the next six months. "During the second half of the year, we expect to deliver new carts to a number of customers and anticipate a meaningful sequential increase in deliveries in the third quarter, taking into consideration the September holiday calendar in Israel, followed by a major uptick in the fourth quarter. We also expect to grow our retail media revenues as we accelerate cart deliveries. "Our year-to-date performance, backlog, and visibility support our confidence in achieving our target of 10,000 deliveries by year-end 2026, increasing to 19,000 scheduled deliveries by the end of 2027. These metrics are based on existing purchase orders and contracted backlog, with additional order activity representing potential upside." Second Quarter Fiscal 2026 Results (All comparisons made are against the prior-year period unless otherwise noted) Revenue increased to $5.9 million, from $1.2 million in the prior year due to increased delivery of our new smart carts. Gross profit increased to $2.5 million, from $0.3 million a year ago representing a gross margin of 42.6%, compared with 23.3% in the prior year quarter. The absolute increase is due to increased revenues and the improved margin is due to the achievement of economies of scale as we ramp up our manufacturing capabilities. Operating loss was $7.6 million, compared to $6.8 million in the prior year quarter. The increased loss is primarily a result of increased payroll costs, which will now be reduced as part of our cost management initiatives. Net loss for the period was $7.3 million compared to $12.6 million in the prior year quarter. The decreased net loss is primarily as a result of improved revenues and gross margin, offset by an increase in operating expenses. In the prior period, the Company incurred a net loss from discontinued operations of $1.4 million, which contributed to an increase in net loss in that period. Conference Call Management will host a conference call on August 12, 2026, at 5 PM Eastern Time to discuss the company's second quarter financial results. The conference call may be accessed by dialing 1-877-317-6789 (U.S. toll-free), +972 3-374-1008 (Israel Tel Aviv), or 1-412-317-6789 (International). The live webcast of the call can be accessed using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=s59Aphpy About A2Z Cust2Mate Solutions Corp. A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com. Cautionary Statement Regarding Forward-looking Statements Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings on EDGAR and with the SEC. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein. A2Z CUST2MATE SOLUTIONS CORP.CONDENSED CONSOLIDATED INTERIM STATEMENTS OF LOSS AND COMPREHENSIVE LOSS(Unaudited)(Expressed in Thousands of US Dollars, except per share data) A2Z CUST2MATE SOLUTIONS CORP.CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION(Unaudited)(Expressed in Thousands of US Dollars, except per share data) View original content:https://www.prnewswire.com/news-releases/a2z-reports-second-quarter-2026-revenue-of-5-9-million-302850045.html View original content: http://www.newswire.ca/en/releases/archive/August2026/12/c6961.html
Investor releaseQuarter not tagged2026-08-12A2Z Cust2Mate Solutions Q2 Earnings Call Highlights
MarketBeat
A2Z Cust2Mate Solutions Q2 Earnings Call Highlights
Interested in A2Z Cust2Mate Solutions Corp.? Here are five stocks we like better. Revenue and deliveries accelerated: Q2 revenue rose to $5.9 million from $3.3 million sequentially, while Smart Cart revenue increased to $4.4 million. The company delivered 950 carts, bringing cumulative deliveries to 3,350. International expansion and manufacturing improved prospects: Super Sapir increased its total commitment to 7,000 carts, while A2Z expects deployments with additional Israeli, European and American retailers. Its new China facility boosted gross margin to 42.6% and is expected to lower costs as production scales. Losses narrowed and cost savings are planned: Net loss decreased to $7.3 million, and a 10% headcount reduction plus reduced reliance on contractors is expected to generate about $7 million in annual savings by Q4. Management expects at least $25 million in second-half Smart Cart revenue and sequential delivery growth. As Investors Flee U.S. Equities, This Global ETF Is Outperforming A2Z Cust2Mate Solutions (NASDAQ:AZ) reported sequential revenue growth in the second quarter of fiscal 2026 as Smart Cart deliveries increased and its China manufacturing facility began operations. Revenue rose to $5.9 million in the quarter from $3.3 million in the first quarter, while Smart Cart revenue increased to $4.4 million from $2.5 million. The company delivered 950 Smart Carts during the period, compared with 500 in the prior quarter, bringing cumulative deliveries to 3,350 units. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat A Closer Look at Healthcare Sector Earnings: AZN vs. EW vs. ZBH Chief Executive Officer Gadi Graus said the quarter reflected progress in commercial adoption, manufacturing capacity and customer expansion. “These accomplishments demonstrate significant progress across our organization,” Graus said, adding that the company remains confident in its goal of delivering 10,000 Smart Carts by the end of 2026 and at least 19,000 by the end of 2027 based on current orders. During the first half of the year, A2Z delivered carts to Israeli supermarket operator Yochananof and home-goods retailer Hastok. Hastok operates 50 stores in Israel, according to the company, and A2Z has completed an initial partial delivery. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be Ozempic, Mounjaro, Wegovy, or Zepbound? Thi…Read full documentShow less
Interested in A2Z Cust2Mate Solutions Corp.? Here are five stocks we like better. Revenue and deliveries accelerated: Q2 revenue rose to $5.9 million from $3.3 million sequentially, while Smart Cart revenue increased to $4.4 million. The company delivered 950 carts, bringing cumulative deliveries to 3,350. International expansion and manufacturing improved prospects: Super Sapir increased its total commitment to 7,000 carts, while A2Z expects deployments with additional Israeli, European and American retailers. Its new China facility boosted gross margin to 42.6% and is expected to lower costs as production scales. Losses narrowed and cost savings are planned: Net loss decreased to $7.3 million, and a 10% headcount reduction plus reduced reliance on contractors is expected to generate about $7 million in annual savings by Q4. Management expects at least $25 million in second-half Smart Cart revenue and sequential delivery growth. As Investors Flee U.S. Equities, This Global ETF Is Outperforming A2Z Cust2Mate Solutions (NASDAQ:AZ) reported sequential revenue growth in the second quarter of fiscal 2026 as Smart Cart deliveries increased and its China manufacturing facility began operations. Revenue rose to $5.9 million in the quarter from $3.3 million in the first quarter, while Smart Cart revenue increased to $4.4 million from $2.5 million. The company delivered 950 Smart Carts during the period, compared with 500 in the prior quarter, bringing cumulative deliveries to 3,350 units. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat A Closer Look at Healthcare Sector Earnings: AZN vs. EW vs. ZBH Chief Executive Officer Gadi Graus said the quarter reflected progress in commercial adoption, manufacturing capacity and customer expansion. “These accomplishments demonstrate significant progress across our organization,” Graus said, adding that the company remains confident in its goal of delivering 10,000 Smart Carts by the end of 2026 and at least 19,000 by the end of 2027 based on current orders. During the first half of the year, A2Z delivered carts to Israeli supermarket operator Yochananof and home-goods retailer Hastok. Hastok operates 50 stores in Israel, according to the company, and A2Z has completed an initial partial delivery. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be Ozempic, Mounjaro, Wegovy, or Zepbound? This ETF Holds Them All A2Z also expanded its relationship with supermarket chain Super Sapir, which has more than 70 stores. Super Sapir placed a follow-on order for 4,000 carts, raising its total commitment to 7,000 units. Deliveries are expected to begin in the third quarter. Graus said A2Z expects to make deliveries to Toys R Us Israel and Red Pirate, two toy retail chains, later in the second half of 2026. The company also expects its carts to be deployed with at least two retailers outside Israel within the next six months, including customers in the Americas and Europe. → First Solar’s Profit Engine Faces a New Policy Test in Washington In response to analyst questions, Graus said the company is in advanced discussions with prospective international customers and sees potential for existing retail customers to increase their orders as they evaluate the carts in stores. He cited Super Sapir’s increase from an initial 3,000-cart order to a 7,000-cart commitment as an example. Gross profit reached $2.5 million in the second quarter, producing a gross margin of 42.6%, compared with gross profit of $100,000 and a 4.2% margin in the first quarter. Chief Financial Officer Gadi Levin attributed the improvement to higher shipment volumes and lower production costs from the company’s dedicated manufacturing facility in China. The facility came online during the second quarter and is intended to increase production capacity, reduce lead times and lower unit costs. Levin said the company expects additional economies of scale as production ramps and believes the facility has adequate capacity to fulfill current and future orders. Graus said the company’s newly completed Connected In-Store Commerce Platform has also supported its commercial efforts. The platform includes updated Smart Cart hardware, charging systems, fraud-detection features and an improved shopper interface, according to Graus. A2Z has restarted deliveries to Yochananof under that customer’s agreement for 5,000 carts. A2Z’s operating loss narrowed to $7.6 million in the second quarter from $8 million in the first quarter. Net loss was $7.3 million, or $0.16 per share, compared with a net loss of $8.3 million, or $0.18 per share, in the prior quarter. The company is undertaking an organizational realignment aimed at shifting spending toward deployments, sales and marketing. Levin said A2Z plans to reduce its use of external consultants and subcontractors by internalizing previously outsourced functions. Net headcount is expected to decline by 10%. Once fully implemented in the fourth quarter, the initiative is expected to generate approximately $7 million in annual savings, according to Levin. The company said it intends to preserve delivery capabilities as well as core technical and customer-support functions. As of June 30, A2Z reported $43 million in treasury and working capital of $55 million. The company also secured a $30 million credit line with Bank Leumi, intended to finance inventory as cart deliveries grow. A2Z had drawn $2.2 million under the facility as of the end of the quarter. The company continued its $20 million share-repurchase program, buying back 919,000 shares for $5.8 million through June 30. In July, it repurchased an additional 147,000 shares, bringing total repurchases to roughly 1.07 million shares, which have been canceled. Levin said cart deliveries are expected to increase sequentially in each of the next two quarters, with activity weighted toward the final quarter because September is seasonally slower in Israel due to holidays. Management said it expects at least $25 million in second-half revenue from Smart Carts alone, based on anticipated deliveries, while retail-media revenue is expected to grow as the installed cart base expands. Graus said retail-media revenue should become more valuable as additional carts generate more transaction data and advertising inventory, though Smart Cart revenue is expected to remain the primary contributor in coming quarters. A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "A2Z Cust2Mate Solutions Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.
TranscriptFY2026 Q22026-08-12FY2026 Q2 earnings call transcript
Earnings source - 56 paragraphs
FY2026 Q2 earnings call transcript
Please note this event is being recorded. I would now like to turn the conference over to Simon Saravietzky, Investor Relations. Please go ahead.
Thank you, operator. Before we begin, please note that today's call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual to differ materially from those projected. Please refer to our earnings release as well as our filings with the SEC for discussion of these risks. A replay of this call will be available shortly after its conclusion. With that, I'd like to turn the call over to our CEO, Mr. Gadi Graus, Chief Executive Officer of A2Z.
Thank you, Simon. Good afternoon, and thank you for participating in today's call to discuss our second quarter progress and our business outlook. Our team executed well in the second quarter, resulting in sequential revenue growth of 78%. We continued to drive commercial adoption of our platform and Smart Cart solutions. Key takeaways from the quarter included the strong positive momentum in our deliveries, which reached 950 Smart Carts, nearly doubling from first quarter levels and bringing to 3,350 the number of units that have been delivered to date. We brought an important new customer on board, Hastok, a 50 store home goods retail chain in Israel, and have already made a partial delivery to them. We also expanded our partnership with Super Sapir, a large and growing supermarket chain based in Israel with over 70 stores.
Our dedicated manufacturing facility in China came online in the second quarter, significantly increasing our delivery capacity and shortening our lead times. We introduced our next generation Connected In-Store Commerce Platform. We secured a $30 million line of credit with Bank Leumi to provide funding to support our future growth. These accomplishments demonstrate significant progress across our organization and underpin our confidence in delivering 10,000 Smart Carts by the end of this year and at least 19,000 by the end of 2027. Keeping in mind that the 19,000 is based only on our current orders and does not take into account additional new orders or increases from existing customers between now and the end of 2027. I'd like to spend a few moments reviewing our business proposition and the opportunity set.
Our platform builds on our Smart Cart technology to help retailers digitize the in-store shopping journey through connected shopper engagement, retail media, and operational intelligence. Shoppers benefit from a more convenient shopping experience, while retailers gain new tools to improve store operations, reduce checkout friction, strengthen loss prevention, and generate new retail media revenues. In the first half of this year, we delivered Smart Carts to two retail customers. Yochananof, a major supermarket chain in Israel with over 45 stores nationwide, and Hastok, which, as I mentioned before, is a 50 store home goods retailer, the largest in Israel. Earlier this week, we expanded our partnership with Super Sapir, a large and growing supermarket chain in Israel with over 70 stores.
In light of their expansion and recent purchase of stores from Carrefour Israel, Super Sapir placed a follow-on order for 4,000 additional carts, bringing their total commitment to 7,000 units, with deliveries starting in the third quarter. Later in the second half, we will also be delivering to Toys R Us in Israel and the Red Pirate, two prominent toy retail chains. These wins have put us at an inflection point on the cusp of larger scale rollouts. During the second half of 2026, we expect to grow our retail media revenues as we accelerate cart deliveries. As we scale the business, we have taken several actions to support future growth. First, as I mentioned, our dedicated Chinese manufacturing facility came online in the second quarter and expands our capacity while reducing lead times and production costs.
Next, we are in the process of rolling out our newly completed Connected In-Store Commerce Platform, marking a major evolution from a product-centric offering to a unified enterprise platform for modern retail. With this launch, we have restarted delivery of new carts to our largest customer, Yochananof, under their agreement to take 5,000 carts. We believe the new features will attract further interest from other potential customers. We expect to see our Smart Carts in at least two retailers outside of Israel within the next six months. Third, we are shifting our spending towards deployment, sales, and marketing. Gadi Levin will speak more about this in a moment. Speaking of Gadi Levin, we are pleased to have Gadi take over the role of CFO. Gadi has significant experience with more than 25 years of executive financial leadership across publicly traded companies. I look forward to working closely with him.
Gadi will also speak more about our new $30 million credit line with Bank Leumi. I would just like to say that we believe this represents an important vote of confidence in our business prospects, which we appreciate. To sum up, this was a strong quarter for us, with deliveries up in line with our expectations and a path forward to continued growth. Now I will turn the call to our CFO, Gadi Levin, to provide a fuller financial review. Gadi.
Thank you, Gadi, and thank you everyone for joining us. I am pleased to join on my first conference call as CFO. I have long admired A2Z's leading-edge technology platform and solutions, and I am excited to step into this leadership role. Today, I will review our financial performance for the second quarter of fiscal 2026. In the second quarter, we made meaningful progress on both the commercial and operational fronts, accelerating Smart Cart deliveries to a growing client base while taking deliberate actions to enhance our focus on commercial execution.
Customer expansion. My financial commentary will focus on sequential comparisons, which we believe are more meaningful at this stage than year-over-year comparisons. Second quarter revenues of $5.9 million were significantly above the $3.3 million reported in the first quarter of 2026. Smart Cart revenues rose to $4.4 million from just $2.5 million, as we nearly doubled Smart Cart shipments sequentially from 500 units-950 units, including the initial delivery to Hastok, as Gadi mentioned. Gross profit was $2.5 million, reflecting a gross margin of 42.6%, compared to gross profit of $100,000, reflecting a margin of just 4.2% in the 2026 first quarter. The increases were due to higher unit volumes and the shift to more efficient manufacturing in our facility in China, which came online in the second quarter, and which translated to lower production costs.
As production ramps, we expect to continue to realize meaningful economies of scale from our new Chinese manufacturing facility. With this facility in place, we have adequate capacity to fulfill existing and future customer orders. In addition to improvements in our manufacturing capabilities, our operational hubs in Panama and Bulgaria remain an important part of our global deployment strategy. During the quarter, we made further progress in establishing the infrastructure, processes, and capabilities that will support regional deployments and customer service as rollout activities continue to expand. Operating loss was $7.6 million in the second quarter of 2026, compared to a loss of $8 million in the first quarter of 2026. Net loss was $7.3 million or $0.16 per share in the current quarter, compared to a loss of $8.3 million or $0.18 in the prior sequential period.
Moving forward, we expect to find operating expense savings from an organizational realignment that is already underway. This initiative was designed to accelerate commercial growth as we leverage our next-generation Connected In-Store Commerce Platform, which is now entering commercial deployment. As part of the realignment, we will be reducing our use of external consultants and subcontractors as we internalize functions we previously outsourced. In addition, net headcount is expected to decrease 10%. These actions reflect our increased focus on deployment and customer-facing functions. We expect the realignment to generate savings of approximately $7 million annually once it is fully completed in the fourth quarter, while preserving our delivery capabilities and core technical and customer support functions. Ultimately, these actions will sharpen our focus on commercial execution and our sales efforts. Turning to our balance sheet, we have continued to strengthen our financial position.
As of June 30, 2026, we have $43 million in treasury and working capital of $55 million. We also have the new $30 million credit line with Bank Leumi, of which we have used just $2.2 million. The Bank Leumi credit line is an important tool to provide the financing we require as we scale the business. The credit line will be used to fund inventory and underscores our progress and success as we build on cart deliveries. As Gadi mentioned, we view this as an important validation of our business model and our early execution. We continued to act on our $20 million share repurchase program in the quarter. As of June 30, 2026, we repurchased 919,000 shares for a total of $5.8 million. In July, we repurchased a further 147,000 shares, bringing the total to approximately 1.07 million shares, which we have now canceled.
We continue to opportunistically buy back shares as part of our disciplined capital allocation strategy. We expect cart deliveries to grow sequentially over each of the next two quarters. This will be weighted towards the final quarter of the year, as the month of September is a seasonally slow period impacted by the holiday calendar in Israel. We continue to deliver on our backlog and expect to broaden our revenue base over time. Before turning the call back to Gadi G, I am pleased to announce that A2Z has engaged Advisory Partners Group, a New York-based investor relations firm. This partnership underscores our commitment to enhancing investor accessibility and growing our presence in the U.S. market. With that, I will turn the call back to Gadi G.
Thank you, Gadi. Looking ahead, we are at an inflection point. Deliveries, order activity, and backlog are all pointing in the right direction, and there is strong interest in the marketplace. We believe we are well-positioned to capture a large share of an emerging market and continue to expand adoption of our Connected In-Store Commerce Platform and Smart Cart solutions, which provide retailers, shoppers, and other stakeholders with a differentiated platform for shopper engagement, retail media, and in-store intelligence. We look forward to providing a further update on our progress next quarter. Operator, let's now open the line for questions.
We will now begin the question and answer session. To ask a question, you may press star then one on your touchtone phone. If you are using a speakerphone, please pick up your handset before pressing the keys. If at any time your question has been addressed and you would like to withdraw your question, please press star then two. Please limit yourself to one question and one follow-up. At this time, we will pause momentarily to assemble our roster.
Our first question today comes from Dan Kurnos with StoneX. Please go ahead.
Great. Thanks. Good afternoon, I guess morning for you guys. First of all, phenomenal quarter, print, guide, real acceleration in the business. I think it's fantastic to see the progress you guys are making. Also, I want to say welcome to Gadi L. Hopefully my questions will not be confusing. I'll try to clearly telegraph who I'm trying to get the question to. My first question is, if you guys could please just. I know you gave color on sort of the cadence, but if you could give us a little more granularity on how to think about Q3 versus Q4, especially considering the September calendar. Then you mentioned the press release that retail media is also starting to ramp.
If you could give us at least some color or flavor on how to think about the retail media component of the $25 million in revenue expected in the back half of the year, that would be a great start. Thank you.
Yeah. Thank you. I'll take that. This is Gadi G. Dan, thank you. Good afternoon. Yep, good morning here. The cadence will be weighted in the fourth quarter. We have a high holiday season coming up, and in the supermarket chain world, this is the most important part of the year. We will be weighted considerably in the fourth quarter, but we are confident that we will hit our target for the end of the year. The retail media, we do expect retail media revenues to carry on picking up. The more carts we have out there, the more inventory we have to sell. The more carts we have out there, the more personalization we get, the more valuable the inventory we can sell. But we believe that we'll be hitting $25 million at least in revenue, even just from Smart Carts.
We think that the retail media could even be in addition to that. Retail media will start picking up. The majority will still be, of course, from the Smart Carts.
Okay. My follow-up will be just from a higher level, we've been doing this for a long time, Gadi G.
Yep
We're really turning the corner here. First question, what drove the acceleration in the business? If you could give us more color on this next-gen platform. We've heard about a Gen 4 cart out in the market as well. Just any other color on what's driving this final uptake, because it looks like you guys are really making the turn here.
Everything is falling into place. We've spent a lot of effort in our new platform, which is a combination of new and efficient and aesthetically pleasing hardware. It includes super efficient charging walls where we can have 100 control panels charging on a three yard wall. It includes a lot of ergonomic features on the hardware. It includes special, unique, proprietary fraud detection modules, and other matters which are very important for the retailers. It includes a sleek and improved interface for the shoppers, making the shopper experience even better than it was before. That's one element which helps us. The other element, of course, is our Chinese facility, manufacturing facility, which allows us to manufacture at scale, at a cadence which we define, and of course, helps to bring down our unit costs.
And all that together with our clients being now able to accept delivery of more carts has led and fed into this excellent quarter and will lead and feed into the excellent second half, which we expect to come.
Hey, Dan, it's Gadi Levin. I'll just add, firstly, thank you for the comments at the beginning. Look forward to working with everybody. In addition to everything that Gadi G. said, besides for delivering the carts that we delivered and achieving the revenues that we've achieved, and as Gadi mentioned, we also spent the last six months getting this facility up and running. But in the background, we've also built up inventory, and you can see that on our balance sheet. And so I guess that's another answer to your question about why we think we're now ready to start significantly scaling up and meeting these targets that we've been talking about.
No, that's super helpful. Massive revenue upside in the back half of the year and Gadi L. bringing $7 million of cost saves is a huge bonus. So well done, guys. Thanks for the questions.
Thank you.
Thank you.
As a reminder, please limit yourself to one question and one follow-up. The next question comes from Greg Gibas with Northland Securities. Please go ahead.
Great. Good morning, guys. Congrats on the quarter. Likewise, Gadi L., welcome to the team and look forward to working with you here. To maybe follow up on what you spoke to before, how does the revenue cadence compare with maybe deliveries in the back half? How would you expect retail media performance to perhaps compare to just Smart Cart revenue as a whole?
So maybe, Gadi G., before you maybe just add some more on the retail revenue, let me just add some color to the revenues and how we calculate revenues, and how that works. We have the commercial terms with each customer is different. There is a hardware component, a subscription component, and other services. Broadly, if you look even at Q1 and Q2, for every cart that we deliver in the first year, we are recognizing anywhere between $4,000 and $4,500 per cart in the first year. Then, of course, in the subsequent years, we have retail media and subscriptions and stuff, and that can be as much as $1,200 or $1,500 over the following five years.
If you consider that we believe that we are going to meet the target of 10,000 carts delivered by the end of 2026, that leaves us with around 6.5, 6-6 carts for the second half. If you multiply that out by 4,500, you are getting north of 25,000. We are pretty confident that we can meet that number, and that is kind of how we are looking at it. Gadi, maybe you want to just add some more color on the retail?
Yeah. As I said, the retail media revenues will grow as our installed base grows. As I said, both on the fact that when you have more carts, you have more retail media inventory, you simply have more transactions going on. It is more than that. It is our ability to the more carts we have, the more transactions we have, the more data we have, the more ability we have to give real value and conversion, which in the end is the heart of why retail media is so much more valuable than regular media. Because you are a combination of advertising at decision-making point and have giving a personalized, location-specific targeted advertisements which bring value to the shopper, which is converted at a much preferred rate to regular media.
All those things will start feeding in and retail media will start growing considerably as we have the carts out. We do expect that it will be, once again, it will be more weighted to Q4 than Q3, and we gradually grow through Q4 and then through the years to come. We still, in the coming quarters, the revenues from the carts will still be the major part we expect of our revenues, but retail media will keep on growing.
That is great. Very helpful. If I could, as a follow-up, wondering if you could speak to just the overall growth pipeline or your outlook for incremental contracting from new customers, how that is trending, and perhaps if you are willing to speak to high-level prospects in North America, given your earlier commentary.
So, as we said, we are in advanced negotiations with clients abroad, and we also have expectations for increased purchases here in Israel. Sapir is an example of a considerable increase from 3,000-7,000 in their orders. So we both expect our existing clients, when they see the value our carts bring, that they would increase their orders and to have clients abroad. We've openly said that we expect to have at least two clients on board, two deliveries, so at least two clients outside of Israel within the next six months. This includes clients in the Americas and in Europe. We're continuing our discussions in the U.S. as well. We hope that they will be coming on board as well, soon.
But we expect both increased, as I said, both increased deliveries and orders from our clients, existing clients, and to start having carts delivered to clients abroad within the next six months.
Got it. Thanks very much. Congrats again on the progress and strong results.
Thanks, Greg.
Thank you very much.
The next question comes from Giuliano Bologna with Compass Point. Please go ahead.
Good afternoon or good morning on your side, and congrats on the significant progress you are making so far. It is great to see. As a first question, I would be curious when you think about the capital needs or hopefully no capital needs going forward. I am curious where you think you are funded from a capital perspective and if there is any need for capital as you build out a lot of deliveries and scale the operations from here. Along the same lines, I am curious, when you look forward, when do you think the platform would inflect to free cash flow positive?
Yeah. So, Giuliano, thanks for the question. I think, as we have mentioned, we have $43 million in treasury at the moment, so that is our cash and cash equivalents and our investments in financial assets. We also have this very important credit line from Bank Leumi to the tune of $30 million. To date, we have only used around $2.2 million. So we have quite a big runway in terms of our balance sheet. We have also spent the last six months building up inventory. You can see that on our balance sheet as well. A lot of the deliveries that we are going to do in the second half of 2026 are actually already paid for. Add to that the corporate realignment.
We think that that's going to significantly reduce costs, specifically in R&D and other areas as we focus more on the client-facing side of the business. We think we have a pretty decent runway, and we're with a healthy balance sheet.
Maybe I can also just add in a couple of things. The credit facility from Bank Leumi is not a one-off. In other words, when we grow and increase our client roster and add clients who are using our carts, and when we have increased orders, we can both get increased facility to cover those orders and to have a new facility from other banks around the world. The model which we've always spoken about having the regular bank finance to finance our manufacturing and deliveries is a model which is perfectly scalable and transferable all over the world. That facility is not a one-off. We have no need to raise capital. We do not see a need to raise capital.
When the inflection point of when we become cash positive, the more our retail media starts kicking in, which has digital software returns, it will bring the date earlier. In any event, we have no need to raise any money.
That's very helpful. As a follow-up, obviously great to see the 4,000 additional Smart Cart order from Sapir Group. I'd be curious if you have any insight into what's driving that order, if it's kind of just an expansion of the relationship or if the first phase was successful, so they want to extend it further out in the network. Related to that, I'm curious if that could be a good proxy for kind of the evolution of a lot of the relationships that you currently have and orders you have on the platform.
Yes, I'll take that one. It's a combination with them of seeing our actual solution in the stores. We're going live with them later on this month and starting our deliveries. It's a combination of seeing our actual product and seeing the value that it brings. Yes, the combination for Sapir in particular of their extensive expansion. But other clients are also expanding. Yochananof, as we know, is a major client of ours and is also expanding their stores. Yes, I think obviously not something we can guarantee, but we 100% expect that clients who have seen our carts in action, have seen the value they bring, will expand the purchases to eventually cover all their needs, full requirements in the store.
Very helpful. Congrats on the great results, and I will jump back in the queue.
Thank you very much.
Thank you.
This concludes our question and answer session. I would like to turn the conference back over to Gadi Graus for any closing remarks.
Thank you all for participating, wherever you are around the world. It's very much appreciated. We've had a great quarter, and we look forward to being able to continue to give additional information on the great quarters that we hope are coming. Thank you all very much.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.
Investor releaseQuarter not tagged2026-08-06Consensus Cloud Solutions, Inc. (CCSI) Q2 Earnings Match Estimates
Zacks
Consensus Cloud Solutions, Inc. (CCSI) Q2 Earnings Match Estimates
Consensus Cloud Solutions, Inc. (CCSI) came out with quarterly earnings of $1.49 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $1.4 per share when it actually produced earnings of $1.52, delivering a surprise of +8.57%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Consensus Cloud Solutions, which belongs to the Zacks Internet - Software industry, posted revenues of $91.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.52%. This compares to year-ago revenues of $87.72 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Consensus Cloud Solutions shares have added about 74.9% since the beginning of the year versus the S&P 500's gain of 12.8%. While Consensus Cloud Solutions has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Consensus Cloud Solutions was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stock…Read full documentShow less
Consensus Cloud Solutions, Inc. (CCSI) came out with quarterly earnings of $1.49 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $1.4 per share when it actually produced earnings of $1.52, delivering a surprise of +8.57%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Consensus Cloud Solutions, which belongs to the Zacks Internet - Software industry, posted revenues of $91.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.52%. This compares to year-ago revenues of $87.72 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Consensus Cloud Solutions shares have added about 74.9% since the beginning of the year versus the S&P 500's gain of 12.8%. While Consensus Cloud Solutions has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Consensus Cloud Solutions was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.47 on $89.35 million in revenues for the coming quarter and $5.80 on $356.75 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. A2Z Cust2Mate Solutions Corp. (AZ), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 12. This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of +48.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. A2Z Cust2Mate Solutions Corp.'s revenues are expected to be $3.4 million, up 193.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Consensus Cloud Solutions, Inc. (CCSI) : Free Stock Analysis Report A2Z Cust2Mate Solutions Corp. (AZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-07-27A2Z Cust2Mate Announces Timing of Second Quarter 2026 Earnings Release and Conference Call
PR Newswire
A2Z Cust2Mate Announces Timing of Second Quarter 2026 Earnings Release and Conference Call
TORONTO, July 27, 2026 /CNW/ -- A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a global leader in smart retail technology, today announced that the company will release financial results for the second quarter ended June 30, 2026, after market close on Wednesday, August 12, 2026. A conference call to discuss the results will be held at 5:00 PM Eastern Time on the same day. Conference Call Details The conference call may be accessed by dialing 1-877-317-6789 (U.S. toll-free), +972 3-374-1008 (Israel Tel Aviv), or 1-412-317-6789 (International). The live webcast of the call can be accessed using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=s59Aphpy About A2Z Cust2Mate Solutions Corp.A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com. Forward-Looking StatementsMatters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect", "will" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the ma…Read full documentShow less
TORONTO, July 27, 2026 /CNW/ -- A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a global leader in smart retail technology, today announced that the company will release financial results for the second quarter ended June 30, 2026, after market close on Wednesday, August 12, 2026. A conference call to discuss the results will be held at 5:00 PM Eastern Time on the same day. Conference Call Details The conference call may be accessed by dialing 1-877-317-6789 (U.S. toll-free), +972 3-374-1008 (Israel Tel Aviv), or 1-412-317-6789 (International). The live webcast of the call can be accessed using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=s59Aphpy About A2Z Cust2Mate Solutions Corp.A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com. Forward-Looking StatementsMatters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect", "will" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the market for our products, the impact of geopolitical, economic, competitive and other factors affecting the Company and its operations, and other matters detailed in reports filed by the Company with the SEC. View original content:https://www.prnewswire.com/news-releases/a2z-cust2mate-announces-timing-of-second-quarter-2026-earnings-release-and-conference-call-302834793.html
Investor releaseQuarter not tagged2026-05-16A2Z Cust2Mate Solutions Corp (AZ) Q1 2026 Earnings Call Highlights: Record Growth and Strategic ...
GuruFocus.com
A2Z Cust2Mate Solutions Corp (AZ) Q1 2026 Earnings Call Highlights: Record Growth and Strategic ...
This article first appeared on GuruFocus. Revenue: $3.3 million in Q1 2026, representing 114% year-over-year growth. Smart Carts Delivered: Over 2,500 Smart Carts delivered, including approximately 500 units in Q1. Contracted Backlog: More than $195 million, representing over 19,000 Smart Carts scheduled for deployment globally. Total Liquidity: Approximately $63.2 million, including cash and cash equivalents. Credit Facility: Secured a $30 million contract-backed non-dilutive bank credit facility. Share Repurchase Program: Repurchased 542,845 shares for approximately $3.5 million. Available Liquidity: Over $90 million, approximately $2 per share, including the credit facility. Warning! GuruFocus has detected 7 Warning Signs with AZ. Is AZ fairly valued? Test your thesis with our free DCF calculator. Release Date: May 15, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) reported a significant revenue growth of 114% year-over-year, reaching $3.3 million in Q1 2026. The company has transitioned from pilot programs to large-scale commercial deployments, with a contracted backlog of over $195 million, representing more than 19,000 Smart Carts scheduled for deployment globally. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) has secured a $30 million contract-backed non-dilutive bank credit facility, enhancing financial flexibility and supporting deployment activities. The company has initiated a share repurchase program, reflecting confidence in its long-term trajectory and commitment to disciplined capital allocation. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) is expanding its operational infrastructure with new support centers in Panama and Bulgaria, improving global service capabilities and deployment execution. The company is still in the early stages of scaling, with revenue recognition closely tied to deployment activity, leading to potential timing gaps between contract announcements and revenue realization. Despite significant progress, the retail sales cycles remain long and operationally driven, which could delay broader rollout discussions and deployments. The company's current backlog is heavily concentrated in Israel, indicating a need for further international expansion to diversify its market presence. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) faces challenges…Read full documentShow less
This article first appeared on GuruFocus. Revenue: $3.3 million in Q1 2026, representing 114% year-over-year growth. Smart Carts Delivered: Over 2,500 Smart Carts delivered, including approximately 500 units in Q1. Contracted Backlog: More than $195 million, representing over 19,000 Smart Carts scheduled for deployment globally. Total Liquidity: Approximately $63.2 million, including cash and cash equivalents. Credit Facility: Secured a $30 million contract-backed non-dilutive bank credit facility. Share Repurchase Program: Repurchased 542,845 shares for approximately $3.5 million. Available Liquidity: Over $90 million, approximately $2 per share, including the credit facility. Warning! GuruFocus has detected 7 Warning Signs with AZ. Is AZ fairly valued? Test your thesis with our free DCF calculator. Release Date: May 15, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) reported a significant revenue growth of 114% year-over-year, reaching $3.3 million in Q1 2026. The company has transitioned from pilot programs to large-scale commercial deployments, with a contracted backlog of over $195 million, representing more than 19,000 Smart Carts scheduled for deployment globally. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) has secured a $30 million contract-backed non-dilutive bank credit facility, enhancing financial flexibility and supporting deployment activities. The company has initiated a share repurchase program, reflecting confidence in its long-term trajectory and commitment to disciplined capital allocation. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) is expanding its operational infrastructure with new support centers in Panama and Bulgaria, improving global service capabilities and deployment execution. The company is still in the early stages of scaling, with revenue recognition closely tied to deployment activity, leading to potential timing gaps between contract announcements and revenue realization. Despite significant progress, the retail sales cycles remain long and operationally driven, which could delay broader rollout discussions and deployments. The company's current backlog is heavily concentrated in Israel, indicating a need for further international expansion to diversify its market presence. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) faces challenges in ensuring manufacturing readiness and deployment infrastructure keep pace with increasing demand and scaling requirements. The transition from pilot programs to structured rollouts requires significant investment in operational infrastructure, which could strain resources if not managed effectively. Q: Can you provide an update on the Chinese manufacturing facility and its role in your production capabilities? A: The Chinese manufacturing facility is coming online and is crucial for supporting our transition to scaled commercial deployment. It significantly expands our manufacturing capacity to support global deployment activities. We are working closely with our partners to ensure reliable and consistent scaling, which will support our existing backlog and future expansion opportunities. Q: With a backlog of 19,000 carts, how should we think about the deployment cadence starting in Q3? A: We expect deployment activity to increase as we move through the year, particularly as our manufacturing readiness and deployment infrastructure expand. While deployment depends on factors like store readiness, we are prepared from a manufacturing standpoint to support scaling as needed. We anticipate deployments to pick up from quarter to quarter. Q: How is the retail media segment progressing, and what are your expectations for its growth? A: Retail media is a significant opportunity, and we have started generating revenues in Q1. As our installed base grows, the value of media inventory and targeting capabilities will increase, leading to stronger monetization potential. We expect retail media revenues to grow geometrically as deployments expand, adding a high-margin, recurring revenue layer to our business. Q: Can you discuss the timeframe for deploying carts from contract signing to full deployment, and any potential bottlenecks? A: There is typically a delay between contract signing and revenue recognition, tied to deployment activity and delivery milestones. We expect our current contracted backlog to be deployed by the end of 2027, with revenue recognition staggered over the five-year contract terms. Q: Are you seeing demand for your solutions outside of Israel, and how are you addressing global expansion? A: While our backlog is concentrated in Israel, we are seeing growing international interest and are focusing on expanding our presence in strategic markets like the U.S. We are building the necessary operational and commercial infrastructure to support long-term global expansion and are working with integrators to enhance our market penetration strategy. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Investor releaseQuarter not tagged2026-05-15A2Z Cust2Mate Solutions Q1 Earnings Call Highlights
MarketBeat
A2Z Cust2Mate Solutions Q1 Earnings Call Highlights
Interested in A2Z Cust2Mate Solutions Corp.? Here are five stocks we like better. Revenue jumped 114% year over year to $3.3 million in Q1 2026, as A2Z said it is moving beyond pilot projects and into early-stage scaled deployment of its smart shopping cart platform. The company’s contracted backlog grew to more than $195 million, covering over 19,000 Smart Carts, with deployments already underway and expected to continue through 2027. Management highlighted early operating validation, including higher basket values and strong usage rates, while also noting that retail media revenue has begun contributing and could become an important new monetization stream. As Investors Flee U.S. Equities, This Global ETF Is Outperforming A2Z Cust2Mate Solutions (NASDAQ:AZ) said its first-quarter 2026 results reflected a transition from pilot projects to larger commercial deployments of its smart shopping cart and connected retail platform, with management pointing to higher revenue, a larger contracted backlog and the start of retail media revenue as key milestones. Chief Executive Officer Gadi Graus told investors that the company is “no longer in the pilot phase of smart retail” and is entering the early stages of scaled infrastructure deployment across physical retail. He described Cust2Mate as a platform intended to digitize in-store shopping through smart carts, self-scanning, personalized engagement, real-time retail intelligence and emerging retail media capabilities. → Micron Investors Face a High-Stakes Moment After the Latest Rally A Closer Look at Healthcare Sector Earnings: AZN vs. EW vs. ZBH The company reported first-quarter revenue of $3.3 million, up 114% year over year. Graus said the increase was driven primarily by delivery of the company’s Smart Cart solution to retail stores and reflected early conversion of signed contracts into revenue. A2Z said it ended the quarter with more than 2,500 Smart Carts delivered, including approximately 500 units delivered during the first quarter. The company also expanded its multi-year contracted backlog to more than $195 million, representing over 19,000 Smart Carts scheduled for deployment globally. → How Bad Could Tesla’s Cybertruck Recall Be for Shares? Ozempic, Mounjaro, Wegovy, or Zepbound? This ETF Holds Them All Graus said the current contracted backlog is expected to be deployed by the end of 2027. He noted…Read full documentShow less
Interested in A2Z Cust2Mate Solutions Corp.? Here are five stocks we like better. Revenue jumped 114% year over year to $3.3 million in Q1 2026, as A2Z said it is moving beyond pilot projects and into early-stage scaled deployment of its smart shopping cart platform. The company’s contracted backlog grew to more than $195 million, covering over 19,000 Smart Carts, with deployments already underway and expected to continue through 2027. Management highlighted early operating validation, including higher basket values and strong usage rates, while also noting that retail media revenue has begun contributing and could become an important new monetization stream. As Investors Flee U.S. Equities, This Global ETF Is Outperforming A2Z Cust2Mate Solutions (NASDAQ:AZ) said its first-quarter 2026 results reflected a transition from pilot projects to larger commercial deployments of its smart shopping cart and connected retail platform, with management pointing to higher revenue, a larger contracted backlog and the start of retail media revenue as key milestones. Chief Executive Officer Gadi Graus told investors that the company is “no longer in the pilot phase of smart retail” and is entering the early stages of scaled infrastructure deployment across physical retail. He described Cust2Mate as a platform intended to digitize in-store shopping through smart carts, self-scanning, personalized engagement, real-time retail intelligence and emerging retail media capabilities. → Micron Investors Face a High-Stakes Moment After the Latest Rally A Closer Look at Healthcare Sector Earnings: AZN vs. EW vs. ZBH The company reported first-quarter revenue of $3.3 million, up 114% year over year. Graus said the increase was driven primarily by delivery of the company’s Smart Cart solution to retail stores and reflected early conversion of signed contracts into revenue. A2Z said it ended the quarter with more than 2,500 Smart Carts delivered, including approximately 500 units delivered during the first quarter. The company also expanded its multi-year contracted backlog to more than $195 million, representing over 19,000 Smart Carts scheduled for deployment globally. → How Bad Could Tesla’s Cybertruck Recall Be for Shares? Ozempic, Mounjaro, Wegovy, or Zepbound? This ETF Holds Them All Graus said the current contracted backlog is expected to be deployed by the end of 2027. He noted that revenue recognition is tied to deployment activity and delivery milestones, and that most contracts are recognized over roughly five years from deployment because payments are generally spread over multi-year contract terms. “There always is a certain delay between announcing the contract and actually revenue recognition,” Graus said during the question-and-answer session. He added that deployments are expected to increase from quarter to quarter, though not in a perfectly linear fashion because timing depends on factors such as store readiness and retailer implementation schedules. → How Berkshire’s New York Times Bet Looks Today The CEO said deployments have already begun with Yochananof and are expected to increase over time. He also said deployment with Super Sapir is expected to begin soon. Management highlighted operating metrics from live retail deployments that it said are helping validate the platform. Graus said retailers using Cust2Mate carts are seeing approximately five additional items per transaction and about a 15% increase in basket value. He also said Smart Cart baskets are reaching 165% of manned checkout baskets and 275% of self-checkout baskets. Daily utilization rates are above 95%, according to Graus, with Smart Cart usage reaching 100% during peak hours. The company has processed more than 1 million transactions through the platform. Graus said those metrics are important because retailers are focused on return on investment as they consider broader deployments. In response to a question from Compass Point analyst Giuliano Bologna, he said data showing increased sales, shopper usage and the early contribution from retail media helps the company advance discussions with prospective customers. A2Z said the first quarter marked the start of revenue from retail media, a business line management described as a potentially significant new monetization layer. Graus said the company is seeking to create a real-time engagement and media platform within physical stores, reaching shoppers during the in-store purchasing journey. StoneX analyst Dan Kurnos asked about retail media and referenced previously announced contracts with Under Armour and other brands. Graus said the company is in the early stages of building the business but is already seeing interest from brands and ecosystem partners seeking to engage shoppers at the point of purchase. Graus said scale will be important to the opportunity. As the installed base grows, he said, the company expects more impressions, more shopper data and more engagement opportunities. He added that the $195 million contracted backlog does not include potential revenue from retail media or data services. Management said A2Z is expanding its operational infrastructure to support larger rollouts. Graus said the company’s production facility in China is coming online and is designed to support mass production capabilities. He said the company has been working with manufacturing partners on production processes, quality assurance protocols and operational readiness. “From a manufacturing standpoint, we believe we are in a very strong position today to support scale as needed,” Graus said. The company also established customer support centers in Panama and Bulgaria, which Graus said will help support multi-region deployment execution and customer service. A2Z reported total liquidity and working capital of approximately $63.2 million at quarter end, including cash and cash equivalents. The company also secured a firm proposal for a $30 million contract-backed, non-dilutive bank credit facility. Graus said the facility is tied directly to customer contracts and deployment schedules and is intended to help fund manufacturing, inventory, logistics and other working capital needs as deployments scale. Including the credit facility, Graus said total available liquidity is more than $90 million, or approximately $2 per share. The company also provided an update on its share repurchase program. A2Z has authorized repurchases of up to $20 million of common shares. As of March 31, 2026, the company had repurchased 542,845 shares for approximately $3.5 million, and Graus said those shares will be canceled. Although Graus said the company’s current backlog is concentrated in Israel, he said A2Z is seeing growing international interest and that its pipeline is becoming increasingly global. He cited interest across categories and geographies, including grocery, toys, home goods and international retail markets. In response to a pre-submitted investor question, Graus said the United States is a strategic market for the company. He said A2Z is focusing on expanding its presence and commercial activity there, including relationships with integrators that play an important role in large-scale U.S. retail technology deployments. Graus closed the call by saying A2Z has built out infrastructure, research, deployment teams, international channels and operational hubs to support mass deployment. He said the company also continues to develop its retail media commercialization efforts. A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "A2Z Cust2Mate Solutions Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.
Investor releaseQuarter not tagged2026-05-15A2Z Announces Financial Results for First Quarter 2026
PR Newswire
A2Z Announces Financial Results for First Quarter 2026
Revenue of $3.3 Million, Up 114% Contracted Backlog Surpasses $195 Million, Underscoring Accelerating Global Deployment Momentum and Providing Strong Visibility into Near-term, Recurring Revenue Management to Host Conference Call at 8:30 a.m. ET Today TORONTO, May 15, 2026 /CNW/ - A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, today announced its financial results for the first quarter ended March 31, 2026. Mr. Gadi Graus, Chief Executive Officer of A2Z and Cust2Mate, commented, "Q1 2026 marked an important inflection point for the Company as we accelerated our transition from pilot validation to commercial deployment. During the quarter, we expanded our delivered base to more than 2,500 smart carts and grew our contracted backlog[1] to more than $195 million, representing over 19,000 carts scheduled for deployment globally by the end of 2027. We also began generating retail media revenues during the quarter, further advancing our evolution from a smart cart provider into a broader connected retail platform. "We also continued to strengthen our manufacturing readiness and global operational infrastructure to support this contracted pipeline at scale, including expanded production capacity, enhanced supply chain execution and the addition of customer support centers in two new locations to improve deployment support and ongoing retailer service. As deployments scale, stronger shopper engagement and richer behavioral data are expanding monetization opportunities across our platform, creating a growth flywheel that we believe will further strengthen recurring revenue over time. Overall, our progress this quarter reinforces our confidence that our strategy is working. "To support accelerating rollout activity and the increasing scale of customer deployments, we recently received approval for a $30 million contract-backed non-dilutive bank credit facility. This facility which will enhance our financial flexibility, aligns capital directly with contracted deployment schedules and reflects strong lender confidence in our business model and execution strategy. Importantly, it will enable us to efficiently support manufacturing, operations, inventory and working capital needs while maintaining a strong balance sheet as we enter the next phase of large-scale growth." Recent Business Highlights Expanded…Read full documentShow less
Revenue of $3.3 Million, Up 114% Contracted Backlog Surpasses $195 Million, Underscoring Accelerating Global Deployment Momentum and Providing Strong Visibility into Near-term, Recurring Revenue Management to Host Conference Call at 8:30 a.m. ET Today TORONTO, May 15, 2026 /CNW/ - A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, today announced its financial results for the first quarter ended March 31, 2026. Mr. Gadi Graus, Chief Executive Officer of A2Z and Cust2Mate, commented, "Q1 2026 marked an important inflection point for the Company as we accelerated our transition from pilot validation to commercial deployment. During the quarter, we expanded our delivered base to more than 2,500 smart carts and grew our contracted backlog[1] to more than $195 million, representing over 19,000 carts scheduled for deployment globally by the end of 2027. We also began generating retail media revenues during the quarter, further advancing our evolution from a smart cart provider into a broader connected retail platform. "We also continued to strengthen our manufacturing readiness and global operational infrastructure to support this contracted pipeline at scale, including expanded production capacity, enhanced supply chain execution and the addition of customer support centers in two new locations to improve deployment support and ongoing retailer service. As deployments scale, stronger shopper engagement and richer behavioral data are expanding monetization opportunities across our platform, creating a growth flywheel that we believe will further strengthen recurring revenue over time. Overall, our progress this quarter reinforces our confidence that our strategy is working. "To support accelerating rollout activity and the increasing scale of customer deployments, we recently received approval for a $30 million contract-backed non-dilutive bank credit facility. This facility which will enhance our financial flexibility, aligns capital directly with contracted deployment schedules and reflects strong lender confidence in our business model and execution strategy. Importantly, it will enable us to efficiently support manufacturing, operations, inventory and working capital needs while maintaining a strong balance sheet as we enter the next phase of large-scale growth." Recent Business Highlights Expanded contracted backlog to ~$195 million, representing more than 19,000 smart carts to be deployed by the end of 2027, underscoring strong global demand and long-term rollout visibility. Transitioned from pilot to scaled deployment phase, delivering ~500 smart carts in Q1 2026 and reaching approximately 2,500 units delivered globally across leading retail partners Advanced retail media monetization, beginning revenue generation in Q1 2026 and establishing in-store advertising as a new recurring revenue stream. Current Retail Media Brands include Lego, ToysRUs, and Under Armour Demonstrated strong retailer ROI and shopper adoption, including ~15% basket uplift, higher items per transaction and utilization rates above 95% Strengthened global operational and deployment infrastructure by expanding manufacturing capacity and establishing international hubs in Panama and Bulgaria to support scaled rollout execution "Physical retail remains one of the largest under-digitized sectors of the global economy and is in the early stages of a significant structural transformation towards more intelligent, data-driven retail," concluded Graus. "To address a massive market opportunity, we have developed and are now deploying a retail technology layer that is fundamentally changing how stores operate, engage shoppers and unlock new monetization opportunities from the in-store experience. We have moved from proof-of-concept to deploying our platform at scale, and retailers are capturing measurable improvements in sales throughput, shopper engagement and operational efficiency that are driving improved store economics. Looking ahead, A2Z is exceptionally well-positioned with a strong balance sheet and ample access to capital to deliver on our large contracted backlog and pursue additional large-scale deployments globally to drive increasing long-term value for our shareholders." Conference Call Management will host a conference call on Friday, May 15, 2026 at 8:30 a.m. Eastern Time to discuss the company's 2026 first quarter financial results. Anyone interested in participating should call 1-877-407-0784 if calling within the United States or 1-201-689-8560 if calling internationally. When asked, please reference confirmation code 13760502. A replay will be available until Friday, May 29, 2026, which can be accessed by dialing 1-844-512-2921 if calling within the United States or 1-412-317-6671 if calling internationally. Please use passcode 13760502 to access the replay. The call will also be available by webcast over the internet at: https://viavid.webcasts.com/starthere.jsp?ei=1762627&tp_key=3b4649d7cd. About A2Z Smart Technologies Corp. A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com. Cautionary Statement Regarding Forward-looking Statements Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings on EDGAR and with the SEC. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein. -- Tables Follow – View original content:https://www.prnewswire.com/news-releases/a2z-announces-financial-results-for-first-quarter-2026-302773435.html
Investor releaseQuarter not tagged2026-05-15A2Z Provides Update to Financial Results for First Quarter 2026
CNW Group
A2Z Provides Update to Financial Results for First Quarter 2026
Revenue of $3.3 Million, Up 114% Contracted Backlog Surpasses $195 Million, Underscoring Accelerating Global Deployment Momentum and Providing Strong Visibility into Near-term, Recurring Revenue Management to Host Conference Call at 8:30 a.m. ET Today TORONTO, May 15, 2026 /CNW/ - A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, announced earlier today its financial results for the first quarter ended March 31, 2026. Certain financial tables included in the Company's previously issued news release dated May 15, 2026 have been revised. The corrected tables are included in this news release. All other information contained in the previously issued news release remains unchanged. Mr. Gadi Graus, Chief Executive Officer of A2Z and Cust2Mate, commented, "Q1 2026 marked an important inflection point for the Company as we accelerated our transition from pilot validation to commercial deployment. During the quarter, we expanded our delivered base to more than 2,500 smart carts and grew our contracted backlog1 to more than $195 million, representing over 19,000 carts scheduled for deployment globally by the end of 2027. We also began generating retail media revenues during the quarter, further advancing our evolution from a smart cart provider into a broader connected retail platform. "We also continued to strengthen our manufacturing readiness and global operational infrastructure to support this contracted pipeline at scale, including expanded production capacity, enhanced supply chain execution and the addition of customer support centers in two new locations to improve deployment support and ongoing retailer service. As deployments scale, stronger shopper engagement and richer behavioral data are expanding monetization opportunities across our platform, creating a growth flywheel that we believe will further strengthen recurring revenue over time. Overall, our progress this quarter reinforces our confidence that our strategy is working. "To support accelerating rollout activity and the increasing scale of customer deployments, we recently received approval for a $30 million contract-backed non-dilutive bank credit facility. This facility which will enhance our financial flexibility, aligns capital directly with contracted deployment schedules and reflects strong lender confidence in our business mode…Read full documentShow less
Revenue of $3.3 Million, Up 114% Contracted Backlog Surpasses $195 Million, Underscoring Accelerating Global Deployment Momentum and Providing Strong Visibility into Near-term, Recurring Revenue Management to Host Conference Call at 8:30 a.m. ET Today TORONTO, May 15, 2026 /CNW/ - A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, announced earlier today its financial results for the first quarter ended March 31, 2026. Certain financial tables included in the Company's previously issued news release dated May 15, 2026 have been revised. The corrected tables are included in this news release. All other information contained in the previously issued news release remains unchanged. Mr. Gadi Graus, Chief Executive Officer of A2Z and Cust2Mate, commented, "Q1 2026 marked an important inflection point for the Company as we accelerated our transition from pilot validation to commercial deployment. During the quarter, we expanded our delivered base to more than 2,500 smart carts and grew our contracted backlog1 to more than $195 million, representing over 19,000 carts scheduled for deployment globally by the end of 2027. We also began generating retail media revenues during the quarter, further advancing our evolution from a smart cart provider into a broader connected retail platform. "We also continued to strengthen our manufacturing readiness and global operational infrastructure to support this contracted pipeline at scale, including expanded production capacity, enhanced supply chain execution and the addition of customer support centers in two new locations to improve deployment support and ongoing retailer service. As deployments scale, stronger shopper engagement and richer behavioral data are expanding monetization opportunities across our platform, creating a growth flywheel that we believe will further strengthen recurring revenue over time. Overall, our progress this quarter reinforces our confidence that our strategy is working. "To support accelerating rollout activity and the increasing scale of customer deployments, we recently received approval for a $30 million contract-backed non-dilutive bank credit facility. This facility which will enhance our financial flexibility, aligns capital directly with contracted deployment schedules and reflects strong lender confidence in our business model and execution strategy. Importantly, it will enable us to efficiently support manufacturing, operations, inventory and working capital needs while maintaining a strong balance sheet as we enter the next phase of large-scale growth." Recent Business Highlights Expanded contracted backlog to ~$195 million, representing more than 19,000 smart carts to be deployed by the end of 2027, underscoring strong global demand and long-term rollout visibility. Transitioned from pilot to scaled deployment phase, delivering ~500 smart carts in Q1 2026 and reaching approximately 2,500 units delivered globally across leading retail partners Advanced retail media monetization, beginning revenue generation in Q1 2026 and establishing in-store advertising as a new recurring revenue stream. Current Retail Media Brands include Lego, ToysRUs, and Under Armour Demonstrated strong retailer ROI and shopper adoption, including ~15% basket uplift, higher items per transaction and utilization rates above 95% Strengthened global operational and deployment infrastructure by expanding manufacturing capacity and establishing international hubs in Panama and Bulgaria to support scaled rollout execution "Physical retail remains one of the largest under-digitized sectors of the global economy and is in the early stages of a significant structural transformation towards more intelligent, data-driven retail," concluded Graus. "To address a massive market opportunity, we have developed and are now deploying a retail technology layer that is fundamentally changing how stores operate, engage shoppers and unlock new monetization opportunities from the in-store experience. We have moved from proof-of-concept to deploying our platform at scale, and retailers are capturing measurable improvements in sales throughput, shopper engagement and operational efficiency that are driving improved store economics. Looking ahead, A2Z is exceptionally well-positioned with a strong balance sheet and ample access to capital to deliver on our large contracted backlog and pursue additional large-scale deployments globally to drive increasing long-term value for our shareholders." Conference Call Management will host a conference call on Friday, May 15, 2026 at 8:30 a.m. Eastern Time to discuss the company's 2026 first quarter financial results. Anyone interested in participating should call 1-877-407-0784 if calling within the United States or 1-201-689-8560 if calling internationally. When asked, please reference confirmation code 13760502. A replay will be available until Friday, May 29, 2026, which can be accessed by dialing 1-844-512-2921 if calling within the United States or 1-412-317-6671 if calling internationally. Please use passcode 13760502 to access the replay. The call will also be available by webcast over the internet at: https://viavid.webcasts.com/starthere.jsp?ei=1762627&tp_key=3b4649d7cd. About A2Z Cust2Mate Solutions Corp. A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com. Cautionary Statement Regarding Forward-looking Statements Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings on EDGAR and with the SEC. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein. A2Z CUST2MATE SOLUTIONS CORP. CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION (Unaudited) (Expressed in Thousands of US Dollars, except per share data) A2Z CUST2MATE SOLUTIONS CORP. 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TranscriptFY2026 Q12026-05-15FY2026 Q1 earnings call transcript
Earnings source - 64 paragraphs
FY2026 Q1 earnings call transcript
Good day everyone, and welcome to A2Z first quarter 2026 financial results and business update conference call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, thiss call is being recorded. It is now my pleasure to turn the floor over to your host, Brett Maas, with Hayden IR. The floor is yours.
Thank you, operator. Good day, everyone. Before we begin, please note that today's call will contain forward-looking statements within the meaning of a Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Please refer to our earnings release, as well as our filings with the SEC, including our 2025 Form 10-K for discussion of these risks. A replay of this call will be available shortly after its conclusion. With that, I'd like to turn the call over to our CEO, Mr. Gadi Graus, Chief Executive Officer of A2Z.
Thank you, Brett, and good morning, everyone. Thank you for joining our call today. Before we get started, I'd like to provide a brief overview of who we are and what we do. A2Z Cust2Mate Solutions Corp. is a global retail technology company focused on transforming the in-store shopping experience through our Smart Cart and connected retail platform. Our core solution digitizes the physical store by enabling self-scanning, personalized engagement, and real-time retail intelligence at the point of purchase. Through our integrated platform, which combines Smart Cart infrastructure, AI-powered shopper engagement, and emerging retail media capabilities, Cust2Mate helps retailers improve operational efficiency, enhance shopper experience, and unlock new monetization opportunities within the physical retail environment. Over the last several quarters, we've been working to transition Cust2Mate from an early-stage pilot-driven deployment model into a scalable commercial platform designed for global rollout and mass deployment across leading retail partners.
This shift has required building the operational, manufacturing, and commercial infrastructure necessary to support large-scale deployments while simultaneously expanding our product capabilities beyond Smart Cart functionality into a fully integrated connected retail ecosystem. As a result, we are now increasingly positioned as a core in-store technology layer that sits at the center of the modern retail environment and enables entirely new sources of value creation for retailers through data and media-driven monetization. Q1 2026 was a breakout quarter as we continued our transition from pilot validation to scaled commercial deployment. We are no longer in the pilot phase of smart retail. We are entering the early stages of scaled infrastructure deployment across global physical retail. What we are building is advancing rapidly into real-world infrastructure.
Retailers are transitioning from pilot programs into committed multi-phase deployments, and Cust2Mate is increasingly being integrated as part of the core operating layer of the physical retail landscape. Revenue growth in our first quarter was driven by delivery of our Smart Cart solution to retail stores. While we are early in the process of converting signed contracts to revenue at scale, the conversion curve is accelerating in a meaningful way. Importantly, we are gaining clear and measurable validation of the platform in live retail environments as deployments expand. Retailers are already capturing tangible economic impact from our solutions. Across deployments, retailers are experiencing an uptick in sales throughput with approximately five additional items per transaction and approximately 15% increase in basket value. Smart Cart baskets are reaching 165% of manned checkout basket and 275% of self-checkout baskets.
Daily utilization rates are above 95%, with Smart Cart usage reaching 100% during peak hours, and we have now processed over 1 million transactions. While these metrics are certainly strong signals, there is a broader transformation in store operations and shopper engagement within the physical retail environment. These outcomes are showing up across a wider set of important ROI drivers, including customer engagement, reduced checkout friction, operational efficiency, labor optimization, loyalty activation, and emerging retail media monetization. Together, these dimensions underscore that the platform is not just improving sales, it is fundamentally reshaping store performance across both the top line and operational layers. Importantly, our business model is increasingly driven by three reinforcing growth engine. First, recurring Smart Cart platform revenues. Second, retail media monetization. Third, retail intelligence and data services.
Together, these layers create a connected commerce ecosystem where each deployment expands both platform utility and long-term monetization potential. What makes the model particularly powerful is that these growth engines reinforce one another through a compounding flywheel effect. Better shopper engagement drives increased platform usage. Increased usage generates stronger retailer outcomes and ROI. Stronger retailer outcomes support broader deployment expansion. Larger deployments create growing retail media inventory and improved platform economics, which further supports adoption and monetization. At the same time, expanded deployments and engagement generate increasingly valuable behavioral datasets, strengthening personalization, retail intelligence, and future data monetization opportunities. As this flywheel scales, the platform becomes increasingly valuable to retailers, advertisers, and ecosystem partners alike.
This quarter also marked the commencement of revenues from retail media, which we believe represents one of the largest untapped opportunities in physical commerce today. We are not only digitizing the shopping cart, we are establishing a real-time engagement and media layer within physical retail, positioned directly inside the highest intent moment in commerce, the in-store shopping journey. At deployment scale, we believe this creates a highly valuable and increasingly monetizable media environment for retailers, brands, and ecosystem partners. While still in the early stages, retail media introduces a significant new monetization layer to the platform and meaningfully expands the long-term economics of our connected retail ecosystem. All of this is occurring within a market that fundamentally remains under-digitized.
Physical retail is one of the largest sectors of the global economy, yet the majority of it still operates without real-time intelligence, without visibility into shopper behavior, and without integrated digital engagement layers. That structural gap between where the industry is today and what we are beginning to demonstrate in live deployments is what defines the scale of the opportunity ahead. We are already seeing increasing interest across multiple categories and geographies, including grocery, toys, home goods, and international retail markets. This breadth of interest reinforces that the opportunity is not confined to a single format or use case, but is applicable across a wide range of retail environments. As retailers gain visibility into performance and ROI, we are seeing increased willingness to expand deployments across traditional stores, formats, and regions, further validating the scalability of the platform globally.
As this market evolves, we believe long-term leadership will not be determined by a single product capability, but by platform integration, deployment experience, and operational scale. This is where our competitive position continues to strengthen. Our competitive mode is not based solely on hardware. It is built through the combination of deep retailer integrations, real-world deployment experience, proprietary shopper engagement data, AI-driven personalization, retail media infrastructure, operational know-how, and a growing installed base. At deployment scale, these advantages reinforce one another. Each additional deployment strengthens integration, enriches data, improves system intelligence, and deepens our operational footprint within the retail environment. Over time, this creates a compounding advantage that becomes increasingly difficult to replicate. Within this context, AI is not a standalone initiative. It is a core enabler embedded directly into the platform.
We deploy AI where it improves retailer economics and shopper outcomes in a meaningful way, integrating it into the operational fabric of the in-store experience. This includes personalization, contextual recommendations, fraud mitigation, operational optimization, and shopper intelligence. As deployment scale and data richness increases, these capabilities become increasingly powerful, improving decision-making at the point of interaction and enhancing both shopper engagement and store efficiency. AI is a compounding force that strengthens our platform over time and reinforces the structural advantages of a digitized retail environment. I want to briefly touch on our financial performance, which continues to reflect both early-stage scaling and strengthening underlying momentum. We delivered $3.3 million in revenue in the first quarter, representing 114% year-over-year growth.
This increase was driven primarily by the expansion of our Smart Cart deployments across leading retail partners and reflects the early stages of conversion from our growing backlog into recurring commercial activity. We continued to expand our installed base during the quarter, reaching more than 2,500 Smart Carts delivered, including approximately 500 units delivered in Q1. Importantly, deployment activity is shifting in nature. We are transitioning from initial site-level pilots to programmatic rollouts across retail networks. We have expanded our multi-year contracted backlog to more than $195 million, representing over 19,000 Smart Carts scheduled for deployment globally. This is a defining milestone for the company. We have transitioned beyond pilots and isolated deployments into structured, repeatable, multi-phase rollout programs with leading retailers. What is emerging is not simply demand, but a large-scale infrastructure deployment pipeline spanning regions, formats, and retail networks.
This backlog now provides a high degree of visibility into future deployments, reinforces the scalability of the platform, and reflects the strength of underlying demand. Importantly, this backlog does not include revenue from data or retail media, which we expect will add incremental revenue as those streams continue to ramp. While we remain early in the scaling curve, we are seeing increasing alignment between deployment activity, backlog conversion, and revenue growth, reflecting improving visibility and a more scalable operating model. We have also strengthened our financial position. Total liquidity, working capital at quarter end was approximately $63.2 million, including cash and cash equivalents. We secured a firm proposal for a $30 million contract-backed, non-dilutive bank credit facility. This facility is directly aligned with customer contracts and deployment schedules, meaning capital availability is structurally linked to contracted commercial activity.
We view this as a strong external validation of our business model, backlog quality, and execution trajectory. The facility further enhances financial flexibility and supports efficient, non-dilutive funding of deployments while preserving balance sheet strength for other working capital needs as we scale. Including under the credit facility, our current total available liquidity is over $90 million, approximately $2 per share. We also initiated a share repurchase program earlier this year, reflecting our confidence in the long-term trajectory of the business and our commitment to disciplined capital allocation. The program authorizes us to repurchase up to $20 million of our common shares, and we have begun executing against it opportunistically in the open market.
As of March 31st, 2026, we have repurchased 542,845 shares for a total of approximately three and a half million dollars, and those shares will be canceled. This program remains in place and gives us additional flexibility to return capital to shareholders while continuing to prioritize investment in growth and execution. Overall, we believe the financial results this quarter reflect a business that is still early in its scaling cycle, but increasingly supported by contracted visibility, growing deployment activity, and a strengthening commercial foundation. As demand accelerates, we continue to scale our operational infrastructure in parallel. We expanded manufacturing readiness, increasing production capacity and strengthening supply chain execution to support large-scale global deployment. We also expanded our international operational footprint with the establishment of customer support centers in Panama and Bulgaria.
These centers materially enhance our global service architecture, improve deployment execution capability, and ensure we are positioned to support sustained multi-region expansion. Collectively, these investments represent the foundation of a global scale organization. In summary, what is unfolding at Cust2Mate is a clear transition into large-scale commercial deployment. We are moving from pilot programs to structured rollouts. We are transitioning from a smart cart provider into a connected retail infrastructure platform. We are beginning to unlock new revenue layers, including retail media, that expand the long-term economics of the ecosystem. Physical retail remains one of the largest and least digitized sectors globally. We believe this sector is transforming into an intelligent, connected, and measurable commerce environment in which A2Z Cust2Mate can play a significant role. What is most important is that this transformation is no longer theoretical.
Our solutions are being deployed today, and our contracted backlog is substantial. Thank you, we will now open the call for questions.
Thank you, Gadi.
At this time, we will now open the call to live questions from our analysts, and then the company will address pre-submitted questions by the investors. If you would like to ask a question, please press star one on your telephone keypad. Confirmation tone will indicate your line is in the question queue. You may press star two if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up the handset before pressing the star keys. Our first question is from Dan Kurnos with StoneX. Please proceed.
Great, thanks. Good morning. Gadi, let's just start with pre-appreciate all the color. Thank you for doing this, and taking our questions here. First, can we just talk about the Chinese manufacturing facility? You guys said that it would be fully up and running by before Q3. Can you just tell us where we are? In terms of product that's coming from there, talk about QA testing, what is and what does production look like at scale?
Dan, thank you very much. Yes, we have a production facility in China, which is coming online as we speak. We see this as a very important milestone in supporting our transition to scaled commercial deployment. The facility is designed to support mass production capabilities and very significantly expands our manufacturing capacity as deployment activity increases globally. We've been working closely with our manufacturing partners on production processes, QA protocols, operational readiness to ensure the platform can scale reliably and consistently. Very importantly, we believe the facility provides the manufacturing foundation needed to support our existing contracted backlog. Not only that, it also supports our additional global expansion opportunities going forward, no matter how large these may be.
This expanded production capability is part of the broader operational infrastructure we have been building over the last several quarters to support larger multi-region rollout programs. As always, deployment cadence will continue to be coordinated alongside retailer rollout schedules and implementation timing. From a manufacturing standpoint, we believe we are in a very strong position today to support scale as needed.
To that point, Gadi, you know, given the backlog that you have, the purchase order book, obviously 19,000 carts right now, and we understand that, you know, deployment largely depends on store readiness and retrofitting. You know, you've kind of pointed to Q3 as sort of the big pivot quarter for deployments here. How should we think about, you know, cadence starting to begin in the back half of the year? I'm not looking necessarily for specific numbers, but just, you know, how should we think of that beginning to scale? You've also talked about some new contract wins, so I'm just curious how the order book pipeline is also starting to shape up.
You know, as we've said, we're continuing to see our transition into large structured rollout programs with our partners. Our manufacturing facility is now online, we have started from beginning of Q3, we will de facto have no real restriction on our manufacturing capability. We exited Q1 with approximately 2,500 Smart Carts delivered, and 19,000 carts scheduled for deployment through the end of 2027. As far as cadence, we can't expect it to be perfectly linear quarter-to-quarter. They depend on all sorts of operational factors, including store readiness and retail implementation. From a manufacturing level, we're totally ready.
We do expect activity levels to continue increasing as we move through the scaling phase of the business and as the year progresses, particularly as manufacturing readiness and deployment infrastructure continue to expand. As I mentioned, we've also invested in expanding our operational infrastructure with our new support hubs in Panama and Bulgaria, specifically to support multi-region deployment execution and customer support as our rollout activity grows. Although we are still in the early stages of what can become a much broader deployment cycle across physical retail, the current backlog it gives us a lot of visibility into that scaling process. Without us providing specific deployment guidance, we expect deployments to pick up from quarter to quarter and from year to year.
Got it. Super helpful. One more for me, just on retail media. You guys announced several significant brand name contracts. Obviously, you're starting to get attention. We know that it's gonna scale. I think in the filing, I think there was like ILS 200 ish thousand of revenue or so, give or take, from services. I don't know if that's the retail media number in the quarter, but just can you help us think about how rapidly that can scale? I know this is a, you know, a scale game, but just what you're seeing and whether or not you expect those contracts that you announced with Under Armour and others to contribute and how quickly?
First of all, you're quite right. The retail media is a very significant opportunity. We've just started generating revenues in Q1, and we believe that's a very important early validation point for the model, as well as the extra top-class brands that we've signed on. Yeah, we're in the early stages of building that business, we're already seeing very meaningful interest from brands and ecosystem partners that are keen to engage shoppers directly at the point of purchase, which is always the strong point of in-store retail media. Similar to other retail media platforms, scale does matter. As the installed base grows, shopper engagement decreases across the network, the value of the media inventory and targeting capabilities become significantly more attractive.
Larger deployments create more impressions, more shopper data, more engagement opportunities, and ultimately stronger monetization potential per retail partner. You know, as we've always said, the Smart Cart is uniquely positioned within the in-store journey because it sits directly at the highest intent moment in physical commerce while shoppers are actively making purchasing decisions. You know, as we scale, we expect our retail media revenues to increase not linearly, but geometrically. Not only do the more carts you have, you have more retail media inventory to monetize, but we strongly believe that the more carts you have, the value of the retail media monetized will increase too. Once again, you know, we can remind everyone that our contracted backlog of $195 million does not include retail media revenues.
These are in addition. The retail media, you know, it's a digital revenue stream, it's a high margin recurring revenue layer, and we hope that they will generate digital profits that can strengthen our economics as deployment go forward.
Got it. Thank you, Gadi. Congrats on your first earnings call and good luck.
Thank you.
Our next question is from Greg Gibas with Northland Securities. Please proceed.
Hey, great. Good morning, Gadi. Thank you for taking the questions.
Good morning.
Congrats on the early progress as it relates to the strong contracting momentum. As it relates to maybe the timeframe on deployments on existing contracts, how we should think about average time it takes to fully deploy carts, you know, from when at the time a contract is signed and, you know, perhaps what are some of the limiting factors or bottleneck factors that could affect timing?
Thank you. There always is a certain delay between announcing the contract and actually revenue recognition. You know, revenue recognition is closely tied to deployment activity and delivery milestones. There's always gonna be a timing gap between commercial announcement, signed agreement, deployment execution, and revenue recognition. You know, we've given guidance where we can, where we've contracted with our clients on when we're going to start deploying. We've already started deploying, you know, with Yochananof, and that is going apace, and it's going to be increasing from quarter to quarter. We are starting soon with Super Sapir that's also increasing from quarter-to-quarter.
Our expectation is that our entire contracted backlog at present will be deployed by the end of 2027. That gives, you know, visibility into our deployment activity. Remember that the revenue recognition of our contracts is staggered over the mostly five-year contracts. The revenue recognition will take, you know, approximately five years to be reflected fully in our reports from the time of deployment.
Got it. Great. That's helpful. Wondering if you could maybe speak to the overall demand environment that you're seeing and as it relates to incremental contracting progress, activity, or discussions with prospective customers.
You know, we're continuing to see strong commercial, you know, momentum and in multiple markets and multiple retail verticals. You know, we're working diligently to further expand our commercial pipeline and convert the opportunities into additional agreements and contracted backlog. The retail sales cycles in this industry are, you know, long and operationally different, especially with large scale enterprise deployments. With that, as we're seeing, as retailers gain visibility into our performance metrics, into the shopper engagement with our carts and into the ROI that we can show, we are seeing increasing willingness to move forward to broader rollout discussions. You know, we believe that our growing contracted backlog also provides visibility.
At the same time, you know, we remain disciplined in how we communicate externally, and we continue to announce material developments as appropriate and in line with our disclosure practices. Overall, we believe the pipeline environment remains active, it's very constructive, and it's supported by increasing retailer interest in digitizing the in-store shopping experience and adopting connected retail infrastructure solutions at scale.
Got it. Thanks very much.
Our next question is from Giuliano Bologna with Compass Point. Please proceed.
Good morning, Neil. Congrats on the first earnings call. You know, Gadi Graus, as a first question, you know, you put a lot of information out in April about, you know, some of the performance of the carts, you know, basket sizes, utilization, you know, and so on. I'm curious now that you're kind of going from pilot to larger deployments, you know, does that help at all in the sales cycle going to approach new retailers and new potential clients? Does that help, you know, move the ball forward when it comes to, you know, getting sign-on or getting approval and having some of the retailers, you know, wanna move forward now that there's actual data to prove that the product is working and providing, you know, increasing basket sizes, providing, you know, interesting economies of scale and usage?
Absolutely. I mean, there's no question that the fact that we can show, you know, utilization rates and usage rates and increased product purchases and et cetera, is a key factor in showing an ROI. In the end, our retailers are hard-nosed businessmen, business people, and in addition to the superior shopper experience, they wanna know that deploying our product is going to bring them extra money. The fact that we can show that there are increased sales, that we can show that there's uptake in usage from the shoppers, and that retail media is starting to generate revenues as well, these all make the entry level smoother for us to actually progress.
That's very helpful. You know, from a kind of a sales cycle perspective, is there any change in kind of the existing contracts? Are you seeing appetite to want to expand and, you know, increase the rollouts of existing customers? Are any of the new discussions pointing to, you know, similar size, rollouts, or are they pointing towards, you know, larger rollouts across, you know, a larger, install base?
Well, you know, almost all the clients we've signed up are in the process of expansion, they're continuing to grow their businesses, but they also have concrete plans to significantly expand their store count. They plan to open a quite a significant number of stores over the next 12 to 18 months. The contracted backlog is intended to be deployed in existing stores. We can definitely reasonably expect that as our customers open new stores, you know, they will want to deploy our carts in those stores as well, and our backlog will increase.
You know, on that basis, we, you know, we have the strong reasonable expectations that the clients will increase their orders when they increase their store count.
That's very helpful. I appreciate the, you know, the time and congrats on the first call. I'll jump back in the queue.
Thank you very much.
There are no further questions. I would like to turn the conference back over to John for pre-submitted analyst questions.
Thank you very much. Gadi, thanks for your time and thanks to Giuliano Bologna, Greg Gibas, and Dan Kurnos for their input. I know it was greatly appreciated. A lot of the questions have been answered and asked at this point in time. I suppose one of the questions a lot of the U.S. investors will have is, and maybe touching on what Greg had spoken about already, is that very much this is really centric right now in the sense the majority of the rollouts and the contracts are coming from that geographic. Are you seeing the same concerns on a more global scale, i.e. in Central America, South America, and Europe?
Are you also seeing an appetite to move towards platform technology solutions in order to ease the issues that those retailers have, maybe the same, maybe different than the Israeli retailers are seeing right now?
Yes, we are, you know, our backlog is concentrated in Israel, and I think that's part of market dynamics. We're continuing to see growing international interests from many regions around the world, and our pipeline is becoming increasingly global in nature. You know, I'd also say that, you know, the U.S. is a very important and strategic market for the company. We feel that we are mature enough now to actually go out and deploy there, and we're putting significant focus on expanding our presence and commercial activity there.
In the U.S., you know, with our platform, the integrators play an integral role in the U.S. retail ecosystem, especially for large scale enterprise and platform deployment. We're continuing to work towards expanding our relationships and go-to-market capabilities with the integrators, as a central part of that, as a central part of our broader market penetration strategy. Yes, we are continuing to build the operational and commercial infrastructure necessary to support long-term global expansion, and that is where we're putting most of our efforts now.
Excellent. This is from Brett. This is in relation to the announcement yesterday of the $30 million line of credit. I suppose a couple things on it from Brett's perspective. Can you elaborate on it? What does it do for you, the company? How does it support your deployment as such? Then a follow-on question from that of Brett was, well, how much due diligence was put into the decision by the major financial institution in Israel to get involved in this?
Yes. Thank you. Yeah, we are very proud that we've, you know, we have received approval for the bank facility. When we are now transitioning into larger scale commercial deployment activity and as our business model, as we've always said, is to have a, you know, a minimal upfront payment, but essentially it's multi-year. If it's a five-year contract, it's payments over 60 months. You know, notwithstanding that we are very liquid and well-financed, we think it would not be a good use of our financial resources to fund what is essentially our working capital.
Even though our unit costs are continuing to grow down, it's still a significant outlay of funds to actually manufacture and deploy our carts and get payments for them over many months. This is a facility which is based on the contracts we've already signed. As I said, it's a non-dilutive, it's a bank credit facility, and it's directly linked to customer contracts and deployment schedule. As activity, as deployment activity scales, we have an increased need for manufacturing and inventory and logistics and, you know, this operational working capital will be funded by the banks to support the rollout execution. They, you know, they looked through, you know, they looked through our contracts. They looked through our costings. They looked through our business model. They examined the clients.
You know, in addition to the funds that we actually get and our ability to utilize non-dilutive bank financing to fund our increased deployment, it's also meaningful because it reflects external confidence from a professional body that's giving us a lot of money in both the quality of our backlog and our execution trajectory.
Excellent. Just a follow-up from Brett, is there opportunities to increase this facility or have other facilities from other institutions in Israel? Does this translate across other markets as you roll carts into other demographics?
You know, our model, and, and I think we've always been open about it, is to actually, you know, receive bank financing to fund our deployments at scale wherever they are in the world. Any new contracts that come in, we would expect to be able to receive similar financing. You know, the first one proves that the model can work, but, our expectation is that this will be done wherever we are. This will be done if we increase our backlog, whether for new contracts or increased contracts from existing clients. We expect that we will be able to receive bank financing in Israel from Israeli banks when we deploy abroad from local banks wherever we deploy.
Excellent. I think what we'll do is we'll wrap it up there. I know we're pushing up on our time. What I will do is I'll leave it to you for a couple of minutes for closing remarks or anything that you want to emphasize over the last 15 or 20 minutes or half an hour of this call.
Excellent. First of all, thank you all for taking the team early morning. This is our first earnings call. We look forward to being able to report on our progress from quarter-to-quarter. It's very exciting times. We are liquid. We have built up the infrastructure, the research team, the deployment team, our channels and partners abroad, operational hubs to allow us to enter into the mass deployment at scale. We're also building out our retail media opportunities and retail media commercialization. We look forward to being able to report on our progress next time. Thank you all very much for your time. It's much appreciated.
Thank you. This will conclude today's conference. You may disconnect at this time, and thank you for your participation.
Thank you.
Investor releaseQuarter not tagged2026-05-08Will A2Z Cust2Mate Solutions Corp. (AZ) Report Negative Earnings Next Week? What You Should Know
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Will A2Z Cust2Mate Solutions Corp. (AZ) Report Negative Earnings Next Week? What You Should Know
Wall Street expects a year-over-year increase in earnings on higher revenues when A2Z Cust2Mate Solutions Corp. (AZ) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 15. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of +57.9%. Revenues are expected to be $5.2 million, up 164% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive E…Read full documentShow less
Wall Street expects a year-over-year increase in earnings on higher revenues when A2Z Cust2Mate Solutions Corp. (AZ) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 15. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of +57.9%. Revenues are expected to be $5.2 million, up 164% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For A2Z Cust2Mate Solutions Corp., the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that A2Z Cust2Mate Solutions Corp. will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that A2Z Cust2Mate Solutions Corp. would post a loss of$0.06 per share when it actually produced a loss of -$0.42, delivering a surprise of -600.00%. The company has not been able to beat consensus EPS estimates in any of the last four quarters. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. A2Z Cust2Mate Solutions Corp. doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. StoneCo Ltd. (STNE), another stock in the Zacks Internet - Software industry, is expected to report earnings per share of $0.42 for the quarter ended March 2026. This estimate points to a year-over-year change of +23.5%. Revenues for the quarter are expected to be $708.45 million, up 13.2% from the year-ago quarter. The consensus EPS estimate for StoneCo has been revised 3.3% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +3.94%. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that StoneCo will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report A2Z Cust2Mate Solutions Corp. (AZ) : Free Stock Analysis Report StoneCo Ltd. (STNE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

